In a move to restore confidence in the Bitcoin exchange market, MtGox (owned and operated by Tibanne Co. Ltd.) will be integrating the recently beleaguered Bitomat.pl user database. According to a recent press release, MtGox will migrate the users of the 3^rd largest Bitcoin exchange into their own and add the Polish Zloty as an exchange currency.

The Bitcoin market has seen far more than its fair share of shakeups recently, including the recent nosedive the market took on August 6, dropping to $7–a fall from which the market seems to be recovering stability at around $10. This event had been thought at the time to be related to the sudden disappearance of the MyBitcoin e-wallet service and an unknown but high number of bitcoins stored therein.

Needless to say, with all of the recent volatility that has brought the market down from a recent high all the way down to single-digit trading prices, it’s a good time to see some confidence injected back into the cyptocurrency economy by having stable players set some ground rules. MtGox themselves inflicted their own instability on the market two months ago when hackers managed to pilfer their wallets and attempted to play the market like a violin (leading to a different crash.)

Since then, MtGox has cleaned up their act, prepared a new exchange based on smarter security principals that modern banks use, and returned to the market with a bolder future in mind. As well, another exchange poked its head through the clouds, Ruxum Exchange may become the first exchange to trade in Swiss Francs and cover all European currencies.

“The acquisition of Bitomat.pl is a windfall for its users, especially in the wake of such a sudden and unsettling event. Also, for the first time ever on a bitcoin exchange users are now able to access a substantially larger market with their local currency, so we think it’s a happy ending all around”, said Mark Karpeles of Tibanne Co. Ltd.

Thursday, August 11 trading on Bitomat.pl will cease. The website will be shut down while migration occurs—a message currently visible on the website in Polish explains what’s going on. Once the migration ends, Bitomat.pl will forward to a Polish language localized version of MtGox and all previous Bitomat.pl users will be able to continue trading as MtGox users. As the database is being integrated fully, this means that Bitomat.pl users will be able to immediately use their login credentials on the new site seamlessly.

It’s not well known where in the process of restoring lost bitcoins to users who had them stored in their exchange before the massive loss of over 17,000 bitcoins struck due to a technical error; but it’s likely that MtGox will now be part of that restoration.